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Daily Business Report

Daily Business Report: Wednesday, Sept. 1, 2021

Visualizing the Highest-Paid Athletes in 2021

Visual Capitalist

The financial figures in sport are enormous. The highest-paid athletes in the world make tens of millions, or even hundreds of millions per year.

The global pandemic put a significant dent in the commercial aspect of many sports. Even though the teams and their owners earned significantly less during this period, individual athletes actually thrived.

According to the Forbes annual rankings of the world’s highest-paid athletes for 2021, the top 50 of them turned in a record-setting year and made nearly $2.8 billion in 12 months, beating 2019’s record total by more than $150 million.

This year’s list had a multitude of names making the big bucks. Here are two: 

Connor McGregor is 2021’s highest-paid athlete

MMA fighter Connor McGregor tops the list with a whopping $180 million earned in 2021. According to McGregor, this has been a long time coming, who in 2016 infamously boasted to soccer star Cristiano Ronaldo that he’d overtake him one day as sports’ highest-paid star.

Roger Federer lands at the 7th spot

Roger Federer’s on-field earnings for 2021 were a mere $0.03 million, but he still lands in the 7th spot. Recovering from a knee injury, Roger Federer made nearly all of his $90 million in earnings from sponsorships.

TOP GRAPHIC: The top 10 overall

Read more and view the infographic here

Rendering of the new Student Services Building at MiraCosta College
Early construction activities underway for new
Student Services Building at MiraCosta College

Grading and other early-phase construction activities are underway for the future new Student Services Building at MiraCosta College. The expansive, state-of-the-art facility will consolidate student services functions scattered throughout the campus to a single, one-stop-shop comprising more than 39,000 square feet. 

Located at the former Pedley Park site, the new building is strategically located as a gateway building for the campus, providing a much-needed sense of entry and easy wayfinding for new or prospective students.

The building will also provide a new home for MiraCosta’s Veterans Center, providing academic counseling, career services, a food pantry, free tutoring, assistance to military veterans with processing paperwork, getting coursework certified for GI Bill benefits, and more.

The Veterans Center will also benefit from $1.5 million in state funding awarded to help equip and furnish a lounge and resource area in the center, among other enhancements.

Swinerton and the DLR Group serve as the design-build partnership leading the project, expected to be complete in fall 2023.

County permit refunds provide more
pandemic assistance to restaurants

The county has begun notifying restaurants of $4.5 million in permit fee refunds for the period of March 16, 2020 through June 15, 2021. This amount is in addition to $118.9 million already provided to restaurants by the San Diego County Board of Supervisors to help offset the impact of California’s stay-at-home and local public health orders.
“Restaurant owners and their employees suffered significant losses because of COVID-19. As the industry rebuilds, this refund will aid restaurants in their economic recovery and is in addition to the tens of millions of dollars provided to them during the height of the pandemic,” said Nathan Fletcher, chair of the San Diego County Board of Supervisors. The County of San Diego is committed to supporting the region’s ongoing economic recovery and is working with stakeholders to find different ways to support the business community.”

Read more…

Expanded  COVID-19 treatment site announced

The San Diego region’s latest center providing monoclonal antibody treatment for COVID-19 is coming to Clairemont and will also offer testing for the virus at the same site. County and city officials gathered Monday to announce a partnership with the state Emergency Medical Services Authority for the opening of the Monoclonal Antibody Regional Center at 4425 Bannock Ave. The treatment has been shown effective in reducing symptoms and duration of COVID-19.

Located in the city’s Cathy Hopper Clairemont Friendship Center, the appointment-only center will also offer the treatment for people who may have been exposed to COVID-19 and are at high risk of severe symptoms.

The county has partnered with local health care providers on opening several of the regional centers, or MARCs. They offer the treatment free of charge, regardless of health insurance or immigration status. Anyone needing more information about receiving the treatment can call (619) 685-2500.

Nominations sought for third annual Excellence
in North County Economic Development Awards

San Diego North Economic Development Council (SDNEDC) will host the third annual Excellence in North County Economic Development Awards Lunch on Dec. 16 at the Seabird Resort in downtown Oceanside. 

Awards will be presented that spotlight new businesses which have opened or relocated to North County, existing businesses that made significant expansions, new development and investments in our community, and policies and activities that make for a more economically competitive region. 

Any city’s economic development manager, chamber of commerce leader, North County educational institution, or other interested partners can submit a nomination. Self-nominations will also be accepted. All nominations are due by Sept. 30. 

Click here to submit a nomination.

Oceanside to receive $3.5 million for new
fire station close to Camp Pendleton

Oceanside will get a $3.5 million federal grant to help build the city’s new downtown fire station because of the location’s proximity to Camp Pendleton. The relocated firehouse on Civic Center Drive will replace the original Fire Station No. 1, built in 1929 on Pier View Way.
Located just 2.3 miles from the main entrance to the Marine Corps base, the city’s Fire Station No. 1 could be called to help extinguish a large fire on the military installation. The new Oceanside site allows a bigger station with more room for firefighters and their equipment, including a ladder truck to protect the six- and seven-stories buildings that are new to downtown Oceanside.  The construction project is expected to go out for bids later this year.

Read more…

Elly Maienschein joins Sharp HealthCare
as vice president of government relations
Elly Maienschein

Elly Maienschein will join Sharp HealthCare as vice president of government relations, effective Thursday. She will succeed Sara Steinhoffer, who retired after 13 years of service.

Most recently, Maienschein was the director of the Government Affairs Division at the California Department of Education (CDE). She served as a member of the CDE Executive Team and as an adviseer to State Superintendent of Public Instruction Tony Thurmond. In her role at CDE, Maienschein managed the Legislative Affairs, Federal Affairs and Fiscal Policy Offices for CDE and oversaw the Stimulus Team that manages the federal and state pandemic funds for schools across the state. 

Prior to CDE, Maienschein was the director of government relations at Project Lead the Way where she was responsible for legislative and regulatory engagement in 12 states across the United States. 

Maienschein previously worked as the director of government affairs for Palomar Health, where she worked with elected officials on the local, state and federal levels to advance the organization’s legislative agenda. 

The San Diego Foundation launches 
new Policy & Innovation Center

The San Diego Foundation announced the launch of the San Diego Regional Policy & Innovation Center, a new 501(c)(3) nonprofit organization that is positioned to engage government, corporations and philanthropy in new ways to enhance the long-term sustainability and prosperity of the San Diego region.
The Policy & Innovation Center will conduct world-class research, support coordinated governmental and agency relationships, develop consensus regarding the region’s core needs, and recommend policy solutions to assist local leaders in attracting federal and state impact dollars and addressing regional issues such as improving critical infrastructure, creating stable high-paying jobs; and generating other measurable long-term socio-economic and environmental benefits. 
The center will officially launch on Monday, Sept. 27. That will be followed on Sept. 28
by a day-long government and agency convening featuring presentations from Brookings Metropolitan Policy Program scholars, including Vice President and Director Amy Liu, and working sessions to explore federal funding opportunities.

Higgs Fletcher & Mack launches new 
Nonprofit Organizations Practice Group

San Diego-based law firm Higgs Fletcher & Mack has launched a new Nonprofit Organizations Practice Group spearheaded by HFM Partner Jon Grissom, who has represented a wide variety of public charities, private foundations, and other nonprofit organizations for the past two decades. 

Attorneys in the new practice group will work with nonprofits and their founders, directors, members and officers regarding entity formation, operational issues, regulatory compliance, unrelated business income tax, employment compliance and investigations, endowment funds, property tax exemption and appeals, lobbying and political activities, joint ventures, grant making, ongoing annual corporate maintenance, mergers, dissolutions, contracts and other related matters.

In addition to Grissom, the Nonprofit Organization Practice Group is comprised of HFM Partners Laura Buckley, Alexis Gutierrez, Gregory Pyke and Brian Tsu, in addition to attorney Julie Dewberry. 

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